# CriticalBlue

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/criticalblue

- Industry: Software
- Headquarters: Edinburgh, UK
- Website: www.criticalblue.com
- Total disclosed funding: $11M
- Latest round: Series C (Sep 9, 2008)
- Investors on record: 5

## About

CriticalBlue is a cybersecurity firm focused on safeguarding mobile applications through advanced protection mechanisms and real-time threat analytics, catering to various industries including fintech and healthcare.CriticalBlue specializes in mobile application security, providing solutions to protect apps against evolving threats. Founded by David Stewart, the company is headquartered in Edinburgh, UK. In September 2008, CriticalBlue raised USD 4.000 mn in a SERIES C round from investors including Scottish Venture Fund and Toshiba Corporation, bringing the total amount raised to USD 4.000 mn.CriticalBlue offers a suite of mobile app security products that include Runtime Application Self Protection (RASP), real-time threat analytics, and secure management of application secrets. Their solutions ensure ongoing security for mobile applications across multiple platforms, supporting sectors such as fintech, healthcare, retail, and automotive, with a client base spanning North America, Europe, and Asia.In the most recent fiscal year of 2011, CriticalBlue reported revenue of USD 1,066,442. The company operates on a subscription-based model, facilitating secure API communication for clients, which engage in transactions that support ongoing software updates and security enhancements.Following the SERIES C funding round in September 2008, CriticalBlue aims to enhance its product offerings and enter new markets. The company is focusing on expanding its presence in North America and Asia by enhancing its mobile security solutions, leveraging recent funding to support development efforts and market entry strategies.

## Funding rounds

- Series C, Sep 9, 2008, $4M — Pentech Ventures, Herald Investment Management, Toshiba Corporation, Lanza Tech Ventures, Scottish Enterprise
- Series B, Mar 16, 2006, $4.9M — Pentech Ventures, Herald Investment Management, Lanza Tech Ventures
- Series A, Aug 12, 2003, $2M — Pentech Ventures, Lanza Tech Ventures

## Investors

- Pentech Ventures (https://capitalatlas.ai/funds/pentech-ventures) — Series A, Series B, Series C
- Lanza Tech Ventures (https://capitalatlas.ai/funds/lanza-tech-ventures) — Series A, Series B, Series C
- Herald Investment Management (https://capitalatlas.ai/funds/herald-investment-management) — Series B, Series C
- Toshiba Corporation — Series C
- Scottish Enterprise (https://capitalatlas.ai/funds/scottish-enterprise) — Series C